Four banks ‘need improvement’ for CRA compliance – two earn ‘outstanding’ ratings

Two banks earned the highest rating of “outstanding” for their compliance with anti-redlining laws – but four banks earned the sub-satisfactory scores of “needs improvement,” according to assessments for October released Friday by the federal bank deposit insurance agency.

Bangor Savings Bank of Bangor, Maine, and Cross River Bank of Fort Lee, N.J., were both awarded “outstanding” ratings for their compliance with rules implementing the Community Reinvestment Act (CRA), the Federal Deposit Insurance Corp. (FDIC), said.

However, the four banks receiving the lower rating of “needs improvement” for their compliance with the anti-discrimination rules were:

  • Portage Ban of Bellevue, Wash.
  • Maxwell State Bank of Maxwell, Iowa.
  • United Bank of Philadelphia, Pa.
  • GBank of Las Vegas, Nev.

No banks received the lowest rating of “substantial non-compliance.”

However, 66 banks received “satisfactory” ratings for their compliance on the most current list.

Monthly List of Banks Examined for CRA Compliance – October 2025

Be the first to comment

Leave a Reply

Your email address will not be published.